Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
March 31 2021 - 6:45AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of
Foreign Private Issuer
Pursuant to Rule 13a-16 or
15d-16 under
the Securities Exchange Act of 1934
For the month of March 2021
Commission File No. 000-54189
MITSUBISHI UFJ FINANCIAL GROUP, INC.
(Translation of registrants name into English)
7-1, Marunouchi 2-chome, Chiyoda-ku
Tokyo 100-8330, Japan
(Address of principal executive office)
Indicate by
check mark whether the registrant files or
will file annual reports under cover of Form 20-F
or Form 40-F.
Form
20-F X Form
40-F
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON
FORM F-3 (NO. 333-242048) OF MITSUBISHI UFJ FINANCIAL GROUP, INC. AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS
SUBSEQUENTLY FILED WITH OR FURNISHED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Date: March 31, 2021
|
|
|
Mitsubishi UFJ Financial Group, Inc.
|
|
|
By:
|
|
/s/ Naoki Ueda
|
Name:
|
|
Naoki Ueda
|
Title:
|
|
Managing Director, Head of
Documentation & Corporate
Secretary Department,
|
|
|
Corporate Administration Division
|
Mitsubishi UFJ Financial Group, Inc. (MUFG)
MUFG Revises Earnings Target
for the Fiscal Year Ending March 31, 2021
Tokyo, March 31, 2021 MUFG today announced that it has revised its earnings target for profits attributable to owners of
parent for the fiscal year ending March 31, 2021, announced on November 13, 2020 [1], as follows. Year-end dividend forecasts for the fiscal year
ending March 31, 2021 (fiscal year-end ¥12.5, total ¥25.0 per share) are unchanged.
1.
|
Earnings target for the fiscal year ending March 31, 2021 under Japanese GAAP
|
|
|
|
|
|
|
|
Profits attributable to
owners of parent
|
|
Previous earnings target (A)
|
|
¥
|
600.0
|
bn
|
Revised earnings target (B)
|
|
¥
|
750.0
|
bn
|
Change (B-A)
|
|
¥
|
150.0
|
bn
|
Change (%)
|
|
|
25.0
|
%
|
[Reference]
The result for the fiscal year ended March 31, 2020
|
|
¥
|
528.1
|
bn
|
2.
|
Reason for the revision
|
We forecast an increase in net operating profits (effect of approx. ¥50.0 billion on profits attributable to owners of parent) due to steady progress
in business performance and an improvement in realized net gains/losses on equity securities (effect of approx. ¥30.0 billion) due to rises in the stock market. We also forecast an increase in equity earnings from equity method investees and
gains from investment in equity-method affiliate Morgan Stanley (effect of approx. ¥70.0 billion). As a result, MUFG has revised its earnings target upward by ¥150.0 billion to ¥750.0 billion.
3.
|
Scheduled date of announcement of financial results
|
Monday, May 17, 2021
[1]
|
Notice Regarding Revision of Earnings Target for the Fiscal Year Ending March 31, 2021
|
https://www.mufg.jp/dam/pressrelease/2020/pdf/news-20201113-001_en.pdf
- End -
1
About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history,
MUFG has a global network with around 2,600 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and
leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering
shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.
Press contact:
Naokazu Matsuda
Public Relations Division
Tokyo/Head Office
Mitsubishi UFJ Financial Group, Inc.
T +81-3-5218-1815
E naokazu_matsuda@mufg.jp
|
This notice contains forward-looking statements regarding estimates, forecasts, etc. in relation to the results of operations, financial conditions and other
general management of MUFG and/or the group as a whole (the forward-looking statements). The forward-looking statements are made based upon, among other things, MUFGs current estimates, perceptions and evaluations. In addition, in
order for MUFG to adopt such estimates, forecasts, etc. regarding future events, certain assumptions have been made. Accordingly, the statements and assumptions are inherently not guarantees of future performance and may result in inaccuracy from an
objective point of view and in material differences from actual results. There exist a number of factors that might lead to uncertainties and risks. For the main matters that may be currently forecast, please see the most recent Financial
Highlights, the Annual Securities Report, Disclosure Book, Annual Report, and other disclosures that MUFG has announced.
|
2
Mitsubishi UFJ Financial (PK) (USOTC:MBFJF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mitsubishi UFJ Financial (PK) (USOTC:MBFJF)
Historical Stock Chart
From Jul 2023 to Jul 2024